Silicon Valley Real Estate Market Updated Weekly - December 14, 2024

Understanding #currentmarketconditions for the #siliconvalleyhousingmarket updated weekly. Useful for buyers, sellers, investors, homeowners, consumers, & real estate agents. Obtain a pdf of the 67+/- slides: tinyurl.com/SVREMH20241214

Timestamps | Chapter links:

00:00 Silicon Valley Real Estate Market Conditions Update slide 1

00:29 1) Market Indicators past quarter a) #Inventory b) #OffersAccepted c) #DaysUnsoldInventory d) DaysOnMarket e) Seller's #AskingPriceReductions plus f) Buyer's #Overbidding slide 2

06:12 2) Active Inventory, Offers Accepted, & Days of Unsold Inventory for Silicon Valley as a whole compared to 10-year typical levels slide 3

08:01 3) a) Inventory, b) Offers, c) Days of Inventory, d) Days on Market, e) Price Reductions, f) Overbidding, g) Sold Price, h) PITI payment vs respective 10-year medians slides 4-23

18:28 4) Marketing Time (Days on Market) Distributions Silicon Valley slides 24-46

20:41 5) Sellers' Expectations (Asking Price Reductions) Distributions Silicon Valley slides 47-69

20:19 6) Market Competitivness (Buyers' Overbidding) Distributions Silicon Valley slides 70-92

23:30 7) Santa Clara County, San Mateo County, vs Alameda County: a) Inventory, b) Offers, c) Days of Inventory, d) Days on Market, e) Price Reductions, f) Overbidding, g) Appreciation, h) Sold Price, i) PITI payment past 10 years Slides 93-104

29:30 8) Geographically Display (Heat Maps for 20 micro-markets - a) Active Inventory, b) Offers Accepted versus Pending Transactions, c) Days of Inventory (speed of market), d) Days on Market (typical time to sell), e) Seller Ask Price Reductions (magnitude & frequency), f) Buyer Overbidding (magnitude & frequency), g) Appreciation, h) Sold Price slides 105-115

36:15 9) Micro Market Summary within Silicon Valley slide 116

36:39 10) Current tabular data - Silicon Valley, Santa Clara, San Mateo, & Alameda County slide 117

37:08 11) Volume of Offers (Transactions) slide 118

37:31 12) How to Participate Live | Historical presentations | URLs slide 119

38:57 14) Greater Bay Area 5 Regions 13 Counties a) Active Inventory, b) Offers Accepted versus Pending Transactions, c) Days of Inventory (speed of market), d) Days on Market (typical time to sell) , e) Seller Ask Price Reductions, f) Buyer Overbidding, g) Sold Price, h) Appreciation, i) Sold Price slides 121-131

44:32 15) Northern California 13 counties - tabular data slide 132

This presentation is a weekly recap through midnight Thursday 12/12/2024 starting with Marketing Time, Price Reductions, Overbidding, 20 geographical (zip code based) presentation of current Micro-Market Conditions within Silicon Valley . Then all of Silicon Valley (Santa Clara, San Mateo, & Alameda Counties). Then a graphical presentation that facilitates observing seasonal trends over the past ten years. Then concludes with the graphical presentation of five regions comprising 13 Counties that make up the Greater Bay Area which are:

1) Silicon Valley - Santa Clara County, San Mateo County, & Alameda County
2) SF Marin - San Francisco & Marin
3) North Bay - Sonoma, Napa, Solano, & Contra Costa
4) Central Valley - San Joaquin & Sacramento
5) Central Coast - Santa Cruz & Monterey

To join the live Zoom presentation Saturday mornings 9 AM using

1) tinyurl.com/SVREM2024

If above link fails for any reason, you can use any one of these two additional methods:

2) https://us04web.zoom.us/j/78639492724 (pass code if needed = 2jdw2f)
3) zoom account using Meeting ID: 786 3949 2724 password 2jdw2f

Simply change the 8-digit date code (YYYYMMDD) at the end of this URL to reflect the correct YYYYMMDD to obtain historical/future handout.

Richard Calhoun Realtor Real Estate Broker DRE-00818990 | [email protected]
40+ years of local Silicon Valley experience helping Buyers or Sellers with their Real Estate needs. Reach out with questions, comments, suggestions, media articles etc. using youtube or email.

Frequency of Overbidding Magnitude of Overbidding Inventory Offers Closings Days Of Unsold Inventory Median Days On Market Average Days on Market 10 percentile SalesPrice Median SoldPrice 90 percentile Sales Price Seller's Market Buyer's Market Price Reductions REALTOR of the Year Santa Clara County Association of REALTORS Richard Calhoun Creekside Realty REALTOR Agent Real Estate Broker Homes For Sale Real Estate For Sale Buy A home Selling My Home.

#BayAreaRealEstateMarketWeeklyUpdate #BayAreaHousingMarketUpdatedWeekly #LocalRealEstateMarketTrends